NSW/
Griffith

Suburb Profile

Griffith - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2680

house
unit

Property investors have seen a -0.64% drop in GRIFFITH based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains GRIFFITH, 2680 saw average growth in the long term.

the NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $310,000

Profits averaged 4.38% per annum over a 3-year period, due to an upward trend in home prices in GRIFFITH, 2680.

This means, real estate investors could earn a rental income of $335 based on current median home prices for the suburb.

The gross rental yield in GRIFFITH, 2680 is 5.62%.

An average of 26.58 real estate transactions take place per month in GRIFFITH which translates to 319 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 $237,000
GROWTH REPORT
Median Quarterly -0.64% 15.89%
Median 12 month 1.14% 18.5%
Median 3 years 13.14% 23.44%
Median 5 years 16.98% 14.77%
10 years average annual 1.59% 0.88%
Weekly media advert. rent $335 $290
Time on Market 71.4 days 103.1 days
Gross Rental Yield Percent 5.62% 6.36%
demographics (median values)
Total Population
15827
Weekly Household Income
924.6
Household Size
2.60
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